About Mintoak
Mintoak is a company based in Mumbai (India) founded in 2017 by Rohit Ramana, Sanjay Nazareth, Kabeer Jain, Raman Khanduja, and Rama Tadepalli. Mintoak has raised $30.71 million across 8 funding rounds from investors including PayPal, HDFC Bank and British International Investment. Mintoak has completed 1 acquisition, including Digiledge. Mintoak offers products and services including Digital Payments Platform, Cloud-based Toolkit, and Value-added Services. Mintoak operates in a competitive market with competitors including Stripe, Razorpay, Flutterwave, PayU and ACI Worldwide, among others.
- Headquarter Mumbai, India
- Founders Rohit Ramana, Sanjay Nazareth, Kabeer Jain, Raman Khanduja, Rama Tadepalli
- Stage Minicorn
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Mintoak Innovations Private Limited
- Date of Incorporation 04 Sep, 2017
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$5.26 M (USD)277.77as on Mar 31, 2023
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Net Profit
$1.25 M (USD)608.73as on Mar 31, 2023
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EBITDA
$1.91 M (USD)494.68as on Mar 31, 2023
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Total Equity Funding
$30.71 M (USD)
in 8 rounds
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Latest Funding Round
$9 M (USD), Debt – Conventional
Aug 06, 2026
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Investors
PayPal
& 14 more
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Employee Count
Not available
- Investments & Acquisitions
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Products & Services of Mintoak
Mintoak offers a comprehensive portfolio of products and services, including Digital Payments Platform, Cloud-based Toolkit, and Value-added Services.
Platform for secure digital transactions and merchant onboarding.
Tools for secure payment integrations and real-time analytics.
Services for comprehensive merchant business development and tracking.
People of Mintoak
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Funding Insights of Mintoak
Mintoak has successfully raised a total of $30.71M across 8 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $9 million completed in August 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Mintoak
Mintoak has secured backing from 15 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include PayPal, HDFC Bank and British International Investment.
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Government agency focused on small and medium-sized businesses
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Financial services, strategic advisory, and partnerships in investments.
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Venture capital, equity markets, and secondaries services in India.
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Investor details for Mintoak
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Investments & Acquisitions by Mintoak
Mintoak has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Digiledge.
Investment portfolio details for Mintoak
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Providing solutions for banks on SaaS or hosted model
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Complete acquisition details for Mintoak
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Financial Statements - Mintoak
Detailed financials for Mintoak
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Mintoak Comparisons
Peer comparison for Mintoak
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Competitors of Mintoak
Mintoak operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Stripe, Razorpay, Flutterwave, PayU and ACI Worldwide, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Payment processing and card issuance solutions are provided for businesses.
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Payment and business banking solutions are provided for enterprises.
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Provider of payment processing solutions for businesses
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Online payment processing and credit solutions are provided for businesses.
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Digital payments are processed and managed via specialized solutions.
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Detailed competitors of Mintoak
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Latest news on Mintoak
Complete news archive for Mintoak
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Frequently Asked Questions about Mintoak
Mintoak was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Mintoak is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Raman Khanduja is the current CEO of Mintoak. They have also founded this company.
Mintoak is a funded company, having raised a total of $30.71M across 8 funding rounds to date.
Annual revenue of Mintoak is $5.26M as on Mar 31, 2023.
Mintoak was founded in 2017 and is headquartered in Mumbai, India, operating in the fintech sector. Omnichannel payment solutions, smart processing tools, and credit transaction tracking for retailers are provided. Additional services include customer recognition, feedback mechanisms, ratings, analytics, and insights to support MSME operations across digital engagement channels.
Mintoak offers Digital Payments Platform, Cloud-based Toolkit, and Value-added Services.
Mintoak has made 1 acquisition, including Digiledge.
Mintoak has 15 investors. Key investors include PayPal, HDFC Bank, British International Investment, Pravega Ventures, and White Whale Partners.
The valuation of Mintoak is $116.84M as of Jan 2023.